How to Get a Car Finance Quote Online

How to get a car finance quote online in three steps

With My Car Credit, finding a car finance quote online can be done in three easy steps:

1. Complete an application

Use our car finance application to crunch the numbers on your next set of wheels.

We’ll ask you to enter details like your loan amount, repayment term, and credit rating, as well as providing some personal information. From there, we’ll give you an instant breakdown of your expected monthly repayments, along with the typical rate and total payable. You’ll receive a no-obligation quote in mere minutes, benefitting from an instant online decision based on the information you give us.

If you’re happy with your rate, you can hit ‘apply now’ to complete your application. With us, the rate you see is the rate you get – it’s inclusive of all fees and costs, so you won’t face any nasty surprises down the road.

Plus, our initial credit check is only ever a soft search, so it won’t impact your credit score. However please note that should you progress, some lenders may perform a hard search on your credit file.

2. Go car shopping

If you choose to advance your application, you’ll be assigned a Car Credit Specialist. Our team are friendly, experienced professionals, and they’ll be on hand to answer any concerns or queries you might have throughout the process.

Now you’ve got a sense of your budget, you can crack on with the fun part – shopping for a car! If you’re looking for advice, your assigned Car Credit Specialist will be able to help you find a perfect car from one of our trusted dealers. Alternatively, let us know if you’ve found a vehicle, and we’ll check the dealer is top notch.

3. Get behind the wheel

You sign all documents from the comfort of your own home, and we’ll coordinate any last-minute liaison between the dealer and lender. Once all parties are happy, funds are typically transferred to your dealer the next working day. You can then collect your car keys and take to the road in your new to you, or used vehicle.

Factors to consider when searching for a car finance quote online

With My Car Credit, securing a car finance quote online is a stress-free process achieved in three easy steps. That said, there are a number of things to keep in mind when you’re shopping around for a quote.

Type of finance agreement

The right kind of car finance agreement for one driver might not be the best agreement for another. Understanding the difference between alternative car finance agreements means you’re more likely to find one that accommodates your unique needs and circumstances.

At My Car Credit, we appreciate that no two drivers are the same. Some motorists may want to pay a sizeable deposit to lower their overall monthly repayments. Alternatively, other drivers may want to pay back more affordable monthly instalments and have the option of returning the car at the agreement’s end.

We pride ourselves on the flexibility, accessibility, and affordability of our car finance agreements, and can help you find the right deal for your priorities.

Terms of finance agreement

It’s worth paying attention to the terms of a finance agreement in order to establish the right one for you.

Drivers looking to own their car at the end of their finance agreement might not benefit from the same terms as drivers looking to hand the vehicle back. Equally, whilst some motorists are happy facing mileage limitations, others need the flexibility of minimal restrictions.

Determine your priorities before shopping around for your car loan quote online to ensure you secure the best finance agreement for your needs.

Credit checks

If you’re a driver with a less-than-perfect credit score, you may feel like car finance won’t be made available to you.

In fact, My Car Credit offers poor credit car finance designed specifically for applicants with less-than-ideal credit ratings.

We consider all circumstances and will look at each case individually and without judgement. Our initial credit check is also only a soft search, but please note that should you progress, some lenders may perform a hard search on your credit file.

Plus, because we combine a wide panel of trusted lenders with a sensible approach, we’ll help you find the most appropriate car finance lender for your circumstances. As such, we may be able to approve you for car finance where others haven’t.

What’s more, by making your monthly repayments in full and according to schedule, you’ll be building up your overall credit rating. This could potentially make you a more attractive candidate for future loans.

Securing a vehicle and finance agreement in one

If you’re a fan of multi-tasking, you may want to secure both your car and online car finance quote in one.

My Car Credit has established excellent relationships with a large number of reputable car dealers across the UK. We’ve got a reliable pool of trusted dealers who can help you source your next used car and car finance agreement in one go!

Get a car finance quote online with My Car Credit

With the largest panel of car finance lenders out of any UK broker, My Car Credit will help you get a car finance quote online that works for your needs and circumstances.

Use our online car finance calculator to kickstart your application today.